The U.S. Senate has passed the United States-Mexico-Canada Agreement by a margin of 89 to 10, reports Progressive Grocer. The agreement will now be passed on to President Trump, who is expected to sign it into law next week.
“The world has changed dramatically since the United States, Canada and Mexico first agreed to tear down barriers to free trade a quarter-century ago,” says Matthew Shay, president and CEO of the Washington, D.C.-based National Retail Federation, which has been a prominent backer of the administration’s efforts to update the North American Free Trade Agreement. “This updated agreement will modernize trade among our closest trading partners and pave the way for continued prosperity across the borders of North America as the global economy continues to evolve. This agreement will support the millions of U.S. jobs that depend on free trade with Canada and Mexico and will ensure the continued availability of affordable everyday necessities for American families.” Full Story
Related: US House Approves USMCA; Democrats Sign Off on Updated Trade Agreement.
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